Purpose of the Job
The Director of Internal Audit is responsible for ensuring existence of adequate and effective controls in the business of the Bank, and conducting frequent compliance audits as per standards and procedures.
Duties and responsibilities
• Identify potential business risk areas in the operations of Azania Bank, and devise and implement appropriate controls, measures and processes;
• Monitor and provide timely reports to the Board of Directors of any areas of risk, fraud, and other malpractices facing the Bank;
• Develop and implement annual internal audit plan of financial and non-financial compliance audits in terms of systems, policies, processes, procedures, practices, guidelines and regulations and recommend appropriate corrective measures and actions for deviations;
• Evaluate and improve the effectiveness of governance and control processes;
• Support the development, dissemination of, as well as, monitor implementation of fraud prevention and risk management response policies, processes and procedures across the company;
• Provide guidance and support in all fraud and audit investigation assignments and report the findings to the Board of Directors and Regulatory authorities;
• Provide inputs to the Bank’s corporate planning processes and develop departmental functional plans that support realization of Azania Bank’s corporate objectives; and
• Implement and exercise delegated authorities and any other instructions and directives as may be issued by the Board of Directors and/or Managing Director.
Key qualifications
• Master’s degree in degree in Accounting, Actuarial Science, Commerce, Finance or related degree with a major in Accounting or Auditing.
• Bachelor’s degree in Accounting, Actuarial Science, Commerce, Finance or related degree with a major in Accounting or Auditing.
• Certified Public Accountant and registered as an Authorized Auditor, Tanzania.
• A minimum of 10 years of relevant experience, of which 5 years should be at senior managerial level in a financial institution.
APPLICATION INSTRUCTIONS
If you believe you are the right candidate for any of the above position, please send your application form, detailed curriculum vitae, and photocopies of academic certificates, and names and contact details of three referees to the address below.
Applications should be submitted by post or electronically indicating the position you are applying for in the subject line and send to the address given below. All applications should be submitted to the address given below not later than 10′” September 2015.
Applications which do not indicate the reference number or have an application letter attached or fail to provide three referees will be disqualified.
Only shortlisted candidates will be contacted.
E-mail applications should bear the reference number of the position applied for in the subject line of the email.
Application by post should be addressed to:
The Director
Executive Selection Division
Deloitte Consulting Limited
10th Floor PPF Tower
Cnr of Ohio Street & Garden Avenue
P.O.BOX 1559
DAR-ES-SALAAM-TANZANIA
Fax +255(22) 2116379